The following tables present our condensed consolidated statement of income and condensed consolidated statement of cash flows for the three and nine ended September 30, 2015 giving effect to the acquisition of Pecten. The results of Pecten prior to the effective date of the acquisition are included in “Shell Auger and Lockport Operations” and the consolidated results are included in “Consolidated Results” within the tables below:



Condensed Consolidated Statement of Income	Three Months Ended September 30, 2015
				Shell Auger
	Shell Midstream			and Lockport		Consolidated
	Partners, L.P. ⁽¹⁾			Operations ⁽²⁾		Results

Revenue
Third parties	$	57.5		$	7.5	$	65.0
Related parties	14.9			16.3		31.2
Total revenue	72.4			23.8		96.2
Costs and expenses
Operations and maintenance – third parties	9.2			3.0		12.2
Operations and maintenance – related parties	3.6			0.9		4.5
General and administrative – third parties	1.6			0.2		1.8
General and administrative – related parties	4.9			1.4		6.3
Depreciation, amortization and accretion	3.5			1.9		5.4
Property and other taxes	0.7			0.2		0.9
Total costs and expenses	23.5			7.6		31.1
Operating income	48.9			16.2		65.1
Income from equity investments	24.1			—		24.1
Dividend income from investment	2.7			—		2.7
Other income	0.1			—		0.1
Investment, dividend and other income	26.9			—		26.9
Interest expense, net	1.7			—		1.7
Income before income taxes	74.1			16.2		90.3
Income tax expense	(0.3		)	—		(0.3		)
Net income	74.4			16.2		90.6
Less: Net income attributable to Parent	—			16.2		16.2
Less: Net income attributable to noncontrolling interests	20.1			—		20.1
Net income attributable to the Partnership	$	54.3		$	—	$	54.3

⁽¹⁾ As previously reported in our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015.

⁽²⁾ Results of the Shell Auger and Lockport Operations from July 1, 2015 through September 30, 2015.



Condensed Consolidated Statement of Income	Nine Months Ended September 30, 2015
			Shell Auger
	Shell Midstream		and Lockport		Consolidated
	Partners, L.P. ⁽¹⁾		Operations ⁽²⁾		Results
Revenue
Third parties	$	145.3	$	19.8	$	165.1
Related parties	36.4		40.4		76.8
Total revenue	181.7		60.2		241.9
Costs and expenses
Operations and maintenance – third parties	23.8		8.2		32.0
Operations and maintenance – related parties	10.9		3.3		14.2
General and administrative – third parties	6.6		0.2		6.8
General and administrative – related parties	14.7		3.1		17.8
Depreciation, amortization and accretion	10.4		5.6		16.0
Property and other taxes	7.1		0.5		7.6
Total costs and expenses	73.5		20.9		94.4
Operating income	108.2		39.3		147.5
Income from equity investments	47.4		—		47.4
Dividend income from investment	6.6		—		6.6
Other income	1.1		—		1.1
Investment, dividend and other income	55.1		—		55.1
Interest expense, net	2.2		—		2.2
Income before income taxes	161.1		39.3		200.4
Income tax expense	—		—		—
Net income	161.1		39.3		200.4
Less: Net income attributable to Parent	—		39.3		39.3
Less: Net income attributable to noncontrolling interests	51.0		—		51.0
Net income attributable to the Partnership	$	110.1	$	—	$	110.1

⁽¹⁾ As previously reported in our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015.

⁽²⁾ Results of the Shell Auger and Lockport Operations from January 1, 2015 through September 30, 2015.



Condensed Consolidated Statement of Cash Flows	Nine Months Ended September 30, 2015
				Shell Auger
	Shell Midstream			and Lockport			Consolidated
	Partners, L.P. ⁽¹⁾			Operations ⁽²⁾			Results
Cash flows from operating activities
Net income	$	161.1		$	39.3		$	200.4
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation, amortization and accretion	10.4			5.6			16.0
Allowance oil reduction to net realizable value	0.9			0.1			1.0
Changes in operating assets and liabilities
Accounts receivable	6.6			0.2			6.8
Allowance oil	(2.1		)	(0.4		)	(2.5		)
Prepaid expenses	2.5			—			2.5
Accounts payable	(5.2		)	(0.4		)	(5.6		)
Deferred revenue	(7.3		)	—			(7.3		)
Accrued liabilities	11.2			1.3			12.5
Net cash provided by operating activities	178.1			45.7			223.8
Cash flows from investing activities
Capital expenditures	(7.6		)	(3.6		)	(11.2		)
Acquisitions	(85.9		)	—			(85.9		)
Return of investment	4.5			—			4.5
Payment of pre-IPO distributions from investments to SPLC	(11.9		)	—			(11.9		)
Net cash used in investing activities	(100.9		)	(3.6		)	(104.5		)
Cash flows from financing activities
Borrowing under credit facilities	420.8			—			420.8
Net proceeds from private placement	297.7			—			297.7
Contribution from general partner	6.1			—			6.1
Capital distributions to general partner	(712.1		)	—			(712.1		)
Distributions to noncontrolling interest	(55.9		)	—			(55.9		)
Distributions to unitholders and general partner	(66.2		)	—			(66.2		)
Credit facilities issuance costs	(0.3		)	—			(0.3		)
Net distribution to Parent	—			(42.1		)	(42.1		)
Net cash used in financing activities	(109.9		)	(42.1		)	(152.0		)
Net increase in cash and cash equivalents	(32.7		)	—			(32.7		)
Cash and cash equivalents at beginning of the period	150.2			—			150.2
Cash and cash equivalents at end of the period	$	117.5		$	—		$	117.5
Supplemental Cash Flow Information
Non-cash investing transactions
Change in accrued capital expenditures	$	(0.4	)	$	—		$	(0.4	)
Contribution of fixed assets from Parent	0.4			—			0.4

⁽¹⁾ As previously reported in our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015.

⁽²⁾ Results of the Shell Auger and Lockport Operations from January 1, 2015 through September 30, 2015.